HYPF Hypower Fuel Inc (CE)

HyPower Fuel Inc. (PINKSHEETS:HYPF) is pleased to report to its shareholders that in its opinion the H2 Reactor will greatly assist in Governor Schwarzenegger�s Low Carbon Fuel Standard Initiative to reduce carbon content of transportation fuels by 10% by the year 2020. Recently the Governor visited Canada and signed pacts for similar carbon cuts with the Provinces of Ontario and British Columbia. Mr. Douglas Bender, President of HyPower, stated that �we are �pumped up� about the future of the H2 Reactor as an aftermarket product to allow a standard gasoline car to be converted to an oxyhydrogen hybrid. Oxyhydrogen burns clean with only water as an emission, so the use of oxyhydrogen produced on-board and on-demand only makes sense under the aggressive climate change policy that the Governor is advocating.� Governor Schwarzenegger has become an environmental advocate and in his Action Plan for California�s Environment has pledged to reduce air pollution by 50% by the end of the decade. The Governor has stated that �vehicles contribute as much as 50% of the greenhouse gases. We are protecting our citizens from health concerns related to vehicle emissions�. The Governor has also stated that �We must reduce our dependence and addiction on foreign oil. The nature of the U.S. economy and its entrepreneurial drive will spark the technologies and solutions to tackle global warming while opening new business opportunities�. Mr. Bender continued by saying �we are going to aggressively move forward to take advantage of California�s tough new environmental initiatives and related financial incentives as they pertain to the H2 Reactor. The future is now for the H2 Reactor.� About the H2 Reactor (H2R) The H2 Reactor is an electrolyzer that uses a unique process of electrolysis to create hydrogen and oxygen gases from water. After extensive technical research and development work, HyPower believes that the H2 Reactor�s electrolysis process is technologically the most efficient to date with an unprecedented ratio of 1 liter of hydrogen production to an electrical input of 1 watt hour. This is approximately 2 times more efficient than the current state of the competing technology. The H2 Reactor can be used in any manufacturing, business or household application involving heat or combustion. HyPower also hopes to adapt this technology for transportation purposes by enabling vehicles to burn oxyhydrogen produced on-board and on-demand either in a hybrid or eventually a sole source fuel scenario. About HyPower Fuel Inc. HyPower Fuel, Inc. is a category leading company in the energy technology sector, focusing on providing innovative alternative energy through hydrogen production and hydrogen related products. HyPower has successfully commercialized the integration of hydrogen production and hydrogen insertion technologies using electrolysis to improve the overall performance and efficiency of the internal combustion engine while burning gasoline, diesel, natural gas, liquid propane, ethanol, methanol or a combination of fossil fuels and biofuels. For more information please visit: www.hypowerfuel.com Safe Harbor Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.